Walmart CFO on inflation — Yahoo! Finance

Walmart’s chief financial officer can’t yet “call” whether inflation has peaked:

“‘I can’t call that,’ Walmart CFO John David Rainey said on Yahoo Finance Live (video above) when asked if inflation had peaked. ‘Food inflation, in particular, has been pretty persistent. We see it in mid-teens growth [in grocery sales]. In general merchandise, we have seen more progress, but I can’t call a peak on that just yet.‘”

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